MultiMetaVerse Holdings Limited Announces Signing of Term Sheet with Bowong Technology
MultiMetaVerse Holdings Limited - Class A Ordinary Share (MMV)
NASDAQ:AMEX Investor Relations:
funds.eatonvance.com/massachusetts-municipal-income-trust-mmv.php
Company Research
Source: GlobeNewswire
SHANGHAI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, today announced that it has entered into a non-binding term sheet (the “Term Sheet”) with Bowong Technology (Shenzhen) Co., Ltd. (the “Bowong Technology”) to acquire all of the shares of Bowong Technology. Pursuant to the Term Sheet, subject to the satisfaction of certain conditions (including obtaining financing for the restructuring described below), MMV would acquire all of the outstanding shares of a holding company to be incorporated under the laws of the Cayman Islands (“Bowong Cayman”), which through a restructuring will become the ultimate parent and controlling entity of Bowong Technology and all the subsidiaries and affiliates controlled by Bowong Technology (“Bowong Group”). The Term Sheet calls for the issuance of 37,000,000 Class A ordinary shares of MMV at a consideration valuati
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MMV
News
- MultiMetaVerse Holdings Limited Provides Update on Joint VentureGlobeNewswire
- MultiMetaVerse receives non-compliance notice from Nasdaq [Seeking Alpha]Seeking Alpha
- MultiMetaVerse Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price and Minimum Market Value of Listed SecuritiesGlobeNewswire
- MultiMetaVerse signs term sheet with Bowong Technology [Seeking Alpha]Seeking Alpha
- MultiMetaVerse forms joint venture [Seeking Alpha]Seeking Alpha
MMV
Sec Filings
- 11/12/24 - Form 6-K
- 10/18/24 - Form 6-K
- 10/2/24 - Form 6-K
- MMV's page on the SEC website